Global tech firm and Malaysia’s 6th largest banking group win with end-to-end enterprise Fraud and Cyber Risk Management Solutions
SINGAPORE – Media OutReach – 16 September 2020 – GBG (AIM:GBG), the
global technology specialist in fraud and compliance management, identity
verification and location data intelligence, and AmBank, the 6th
largest banking group in Malaysia, have today been announced as the winners of
the Cyber Risk Solution of the Year category at the Asia Risk Awards
2020, the longest-running and most prestigious awards for firms and
individuals involved in Asia’s derivatives markets and risk management.
As consumer behaviour continues to shift away from
in-person banking and toward digital banking, the volume of cyber threats and
risks to individuals and businesses is heightened. GBG’s risk management
solution is recognised for helping financial institutions prevent and centrally
manage their online fraud and cyber threat landscapes, while also adhering to
the latest regulatory compliance requirements. Particularly in Malaysia, where
the Risk Management in Technology (RMiT) policy was passed by Malaysia’s
central bank, Bank Negara, on 1 January, 2020,…
